Gateway Wealth Partners LLC Acquires 945 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Gateway Wealth Partners LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,178 shares of the company’s stock after buying an additional 945 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $2,134,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $31,000. Valued Wealth Advisors LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at $35,000. Perkins Coie Trust Co bought a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $35,000. Finally, Copley Financial Group Inc. bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at $36,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $197.53 on Wednesday. iShares S&P 500 Value ETF has a 52-week low of $173.01 and a 52-week high of $206.63. The company has a market capitalization of $35.39 billion, a P/E ratio of 23.79 and a beta of 0.81. The company has a fifty day moving average of $196.34 and a 200-day moving average of $194.72.

iShares S&P 500 Value ETF Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.